Ethereum rebounded during Thursday’s session to recapture the $3,000 level, climbing to a fresh one-month high in the process. This comes as BTC rose back above $43,000, hitting a 20-day high as a result.
Bitcoin
On Thursday, BTC rose to its highest level since March 3, as prices of the world’s largest cryptocurrency gained for a third consecutive day.
After trading at a low of $41,812 on Wednesday, BTC/USD rallied to a peak of $43,231.29 during Thursday’s session.
This is the highest price bitcoin has hit in 21 days and comes following a breakout of the $42,500 resistance level.
Recent bullish momentum in BTC has come as traders seem to have moved past the market uncertainty following Biden’s executive order, in addition to the Fed rate decision.
Should we see the upward trend continue, the $45,050 resistance point could be a potential price target for bulls.
However, one of the hurdles that could come in the way of this is the upcoming 61.65 ceiling on the 14-day RSI indica
We współpracy z: https://news.bitcoin.com/bitcoin-ethereum-technical-analysis-eth-recaptures-fresh-1-month-high/
